ServiceNow and Tech Mahindra Expand Enterprise AI Partnership as Shares Rise
ServiceNow shares rose after the software maker and Tech Mahindra unveiled an expanded multi-year partnership to move enterprise AI projects from pilots into full-scale production. The deal combines ServiceNow’s AI Control Tower with Tech Mahindra’s industry expertise, and ServiceNow cited about a 25% efficiency gain in first-level IT support, supporting broader AI deployment across systems and workflows.